Absolutely! Socialism, however, has its caveats and would destroy our current expectations of an economy.

We should instead be teaching the populace to abandon self, and be providing every single individual with sufficient means of survival for absolutely free: clean housing, nutritious food, purified water, and abundant electricity.

The extras can then be earned by performing extra civil duties.

"There is no such thing as a free lunch" ... as long as individuals are attached to their greed.